Which is likely to move the market

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Here’s what CNBC TV producers were watching as stocks rose modestly on Tuesday and what’s on their radar for Wednesday’s session.

• CNBC TV’s Seema Mody will report Nvidia’s numbers after the bell.
• On Tuesday’s “Market Navigator,” part of “Power Lunch,” OptionsPlay’s Tony Zhang warned that he’s buying protection: a put spread to capitalize if stocks fall after the report.
• Nvidia is up about 179% in the past year and is up 159% in 2024.
• The stock is up 8.8% from its June 20 high.
• Among analysts who follow the stock, FactSet shows 92% consider it a buy or overweight, while 8% consider it a hold. The average price target is $142.63 and the stock closed today at $128.30.
• Nvidia is up 20.5% over the past three months.

• CNBC TV’s Steve Kovach will have the quarterly numbers after the bell.
• There is a lot of drama for CrowdStrike after a major IT outage on July 19.
• The stock is down 21.5% since then.
• Before that he had taken a leg lower. It’s down 32% from its July 9 high.
• Over the past year, however, CrowdStrike has grown by 80%.
• Shares are down 23% over the past three months.

• CNBC TV’s Julia Boorstin will report as the company releases quarterly earnings after the bell.
• The stock is down 17% from its March high.
• Salesforce down 3% over the past three months.

• There were two good notes from NYSE producer and earnings guru Robert Hum here on CNBC on Tuesday.
• He was watching Nordstrom and PVC. Both saw strong regular price/full price sales.
• Both did better than expected.
• Nordstrom rose 6% after the bell. Shares fell 7% in August.
• PVH was down 7% after the bell. The stock is up 4.4% in one month.

• The retailer reports Wednesday morning.
• Foot Locker is up 8% from the February high.
• Shares are up nearly 49% over the past three months.
• NIKE it fell 7% over that time period. That’s up 31% from its December high.

• Wednesday marks 100 days since Rob Lynch took over as CEO.
• Shake Shack is up 10% in three months and is down 3.5% from its May 6 high.